Tag: supramax freight rates
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Lower fixture levels continue to weigh on dry bulk iron ore freight markets
Seasonal softness and ample tonnage weigh on freights Baltic Dry Index hits six-month low on Capesize correction Dry bulk iron ore freight rates have dropped this week amid softer capesize demand and broader dry bulk rate weakness, reflecting seasonal trade patterns and early-year market dynamics rather than a structural collapse in global dry bulk shipping.…